PPP Loan information for Academy of traditional karate, inc.

$87,500

Academy of traditional karate, inc. was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 04/10/2020 by The Enterprise Bank and Trust Company reported 5 jobs and $87,500 was used to fund payroll.

Academy of traditional karate, inc. is Existing or more than 2 years old

ACADEMY OF TRADITIONAL KARATE, INC.

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ACADEMY OF TRADITIONAL KARATE, INC.

Borrower Address

155 WEST ST

Borrower City

WILMINGTON

Borrower State

MA

Borrower Zip

01887-3053

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILMINGTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01887-3053

CD

MA-06

Jobs Reported

5

NAICS Code

713940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

600.00

Payroll Proceed

63700.00

Mortgage Interest Proceed

0.00

Rent Proceed

18600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4600.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88598.61

Forgiveness Date

07/19/2021

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